Vyhledávání

Položky označené s: interest

The Keynesian Endpoint

The Keynesian endpoint is when the entirety of government tax revenues has to be used for paying interest on the public debt. At this point a sovereign feels compelled to monetize an exponentially increasing debt load and/or default.

What is our future?

In distributed systems, where there is no overt hierarchy, power is a function of design.

Peer Governance and Democracy tends toward a stakeholder model, with active participants directing decisions, but also incorporating an auto-immune system to prevent the private appropriation of power.

People all over the planet are using the interconnection afforded by technology to forge a new society – a society built from the ground up, rather than governed from the top down.

We are realising the failures of democracy, and forging our own systems of fairness.

We are starting to distrust the mass media.

We are growing tired of our governments.

We are losing interest in state led education, instead choosing to learn based on what inspires us, because we no longer need the authorities to provide for us.